How many days does a buyer have to perform due diligence under Georgia laws?

In Georgia, the standard due diligence period for buyers in a real estate transaction is typically set at 10 days. This timeframe allows buyers to thoroughly investigate the property, including inspections, reviewing documents, and securing financing. The purpose of this period is to ensure that buyers can evaluate the property’s condition and any potential issues that may affect their purchase decision.

Having a 10-day period reflects a balanced approach, giving buyers enough time to conduct necessary research and due diligence without creating undue delays in the transaction process. Buyers typically need to be aware that if they wish to extend this due diligence period, they may need to negotiate this with the seller and potentially put it in writing.